Filed June 1, 2021
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $75,087 | $57,541+30.5% | $95,745-21.6% | $75,163-0.1% |
| Participation rate | 92.5% | 62.5%+30.0pp | 72.3%+20.3pp | 67.2%+25.3pp |
| Annual return | 19.11% | 34.93%-15.8pp | 28.35%-9.2pp | 160.62%-141.5pp |
| Employer contribution / active EE | $2,905 | $1,808+60.7% | $2,835+2.5% | $2,670+8.8% |
| Participant deferral / active EE | $4,721 | $3,074+53.6% | $4,245+11.2% | $4,125+14.5% |
| Admin fee / account holder | $4,159 | $4,099+1.5% | $5,678-26.8% | $5,651-26.4% |